If you're going to watch one video, watch the first, where Musk calls New York Times writer Randall Stross a douchebag and an idiot for Stross' attack of Tesla last year. Afterwords, it's all about explaining why his company deserves government loving in the form of a loan.

He says the Model S program would cost $400 million, of that he hopes to get $350 million from the government. The sources that would normally provide that are in "shambles," he says, so the government needs to step in.